Ways to guess your moneyline, how bet possibilities work

Dec - 06

Ways to guess your moneyline, how bet possibilities work

Moneyline Bet Definition, Examples

A winning even or pick ‘em play by a bettor will pay out the same amount wagered. The moneyline bet is one of the featured offerings at online and mobile sportsbooks. The odds board points you toward the favored outcome and what the potential return would be for winning bets. Moneyline bets are easy for beginners to understand, and they are also heavily used by professional sports bettors to rake in huge wins. On the other hand, underdog moneylines can be lucrative wagering opportunities.

If you find a team you’re confident in, and the oddsmakers are moving the lines the other way, then you’ll have the edge over the sportsbook if your team wins. Online sportsbooks will adjust their moneyline odds as one side gets more of the action from the betting public. This changes the value of your potential return, so it’s important to pay attention to line movement and the opening/closing odds.

In this case, it’s favored that the final score of the match will be less than (“under”) 45 points. The numbers next to the plus (+) show how much you would win if you bet $100 on the underdog. Again, using the example from above, if you bet $100 on the +240, you would win $240 (and have your initial $100 stake returned). The numbers next to the minus (-) when you bet on a favorite shows how much you need to bet to win $100.

For example, the spread and odds for Team B might be (-22.5, -120). This means that Team B is favored to win by more than 22.5 points. If you were to make this bet and Team B did win by 23 points or more, and you bet $120 on the game, then you would win $100.

The betting market forecasts neither being in true Super Bowl contention nor bottom-feeding status. Per Wizard of Odds, a 3 point margin of victory occurs 14.5% of the time. A full table can be found on their page, which uses data from 2006 to 2018, but it is safe to say that 3 and 7 are the biggest key numbers in the NFL. If an NFL quarterback is listed as questionable or doubtful during the week, and is later ruled out by kick-off time, the line can move a full field goal or touchdown.

One run or one goal can easily be the difference between a win or loss, so betting on a point spread doesn’t make sense. Sports like auto racing, horse racing, MMA and boxing do not use points. Without points a point spread can’t be created, so money line bets are the most popular way to bet on these types of sports. While tennis is scored with points, results are determined by sets won, not a point total. Except in situations where opponents are considered an even matchup, the favorite will have a negative (-) money line and the underdog will have a positive (+) money line.

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